Every single day, I open up the Paducah Sun Newspaper and see new signs of economic trouble. Yesterday was no different. In an article reporting the income and expenditures of our great nation, it turns out we will have to borrow half of what we plan to spend! This equals some two trillion dollars! $2,000,000,000,000! Okay. So the theory must be "by borrow more money we will get out of debt". That's exactly the business model of an "Easy Money Lending" establishment. A little short on cash? No problem, just come on down and we'll advance you! People all over our nation have bought into this. The catch is that the money isn't free! These people who just needed a little extra to make ends meet are now struggling to get their heads back above water as they try to pay back astronomical amounts far greater than what they borrowed. On top of that, the threat and actuation of job loss is a very real danger.
Borrowing to get out of debt is a bad idea. It doesn't work. Borrowing by its very nature gets you further into debt. This is the exact mentality that got us in our current dire situation. It's time for each American to find where he or she can cut costs. It's time to save money and delay gratification. It's time to see the needs of those around us and sacrifice of ourselves to help. Our Lord has blessed each of us with various gifts- talents, friends and families, and money. None of these gifts should be hoarded away. Rather, it is time for us to share our gifts with each other. We do not need our government to take our money in taxes in order to give it to a less fortunate brother or sister. This is something we can do without the middle man!
It's time to take ownership of this problem and do what we can to make a difference!
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